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Business Combinations (Tables) | 12 Months Ended
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Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract] |
Schedule of Business Acquisitions, by Acquisition | The following table summarizes the Quixote Acquisition Date fair value of the consideration transferred in connection with the acquisition:
Cash | $ | 199,098 |
Seller note | 160,000 |
Total consideration | $ | 359,098 |
The following table summarizes the Acquisition Date fair value of the consideration transferred in connection with the acquisitions:
| Zio |  | Star Waggons
Cash | $ | 117,198 |  |  | $ | 92,656 |
Contingent consideration | 22,543 |  |  | — |
Total consideration | $ | 139,741 |  |  | $ | 92,656 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the Quixote Acquisition Date, which are provisional measurements and subject to change:
Cash and cash equivalents | $ | 5,780 |
Accounts receivable | 7,238 |
Prepaid expenses and other assets | 3,788 |
Investment in real estate(1) | 47,741 |
Non-real estate property, plant and equipment | 65,939 |
Intangible assets | 76,900 |
Operating lease right-of-use assets | 106,115 |
Total assets acquired | 313,501 |
Accounts payable, accrued liabilities and other | $ | 12,700 |
Operating lease liabilities | 95,112 |
Total liabilities assumed | 107,812 |
Net identifiable assets acquired | $ | 205,689 |
Goodwill | 153,409 |
NET ASSETS ACQUIRED | $ | 359,098 |
_____________ 1.Represents leasehold improvements related to Quixote’s leasehold interests in studio properties. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the respective Acquisition Dates:
| Zio |  | Star Waggons
Cash and cash equivalents | $ | 1,084 |  |  | $ | 300 |
Accounts receivable | 3,001 |  |  | 4,185 |
Prepaid expenses and other assets | 1,509 |  |  | 1,605 |
Non-real estate property, plant and equipment | 23,399 |  |  | 25,000 |
Intangible assets | 41,670 |  |  | 33,480 |
Total assets acquired | 70,663 |  |  | 64,570 |
Accounts payable, accrued liabilities and other | $ | 1,498 |  |  | $ | 1,913 |
Intangible liabilities | — |  |  | 110 |
Total liabilities assumed | 1,498 |  |  | 2,023 |
Net identifiable assets acquired | $ | 69,165 |  |  | $ | 62,547 |
Goodwill | 70,576 |  |  | 30,109 |
NET ASSETS ACQUIRED | $ | 139,741 |  |  | $ | 92,656 |
Business acquisition, pro Forma information | The amounts of revenue and loss from operations of Quixote included in the Company’s Consolidated Statement of Operations from the Quixote Acquisition Date to December 31, 2022 are as follows:
Revenue | $ | 33,200 |
Loss from operations | $ | (5,290) |
The following represents the pro forma Consolidated Statements of Operations as if the results of operations of Quixote had been included in the consolidated results of the Company for the years ended December 31, 2022 and 2021:
| Year Ended December 31, 2022 |  | Year Ended December 31, 2021
Revenue | $ | 1,090,857 |  |  | $ | 982,985 |
Net (loss) income | $ | (17,715) |  |  | $ | 38,508 |
The amounts of revenue and income from operations of Zio and Star Waggons included in the Company’s Consolidated Statements of Operations from each respective Acquisition Date to December 31, 2021 are as follows:
| Zio |  | Star Waggons
Revenue | $ | 11,419 |  |  | $ | 9,651 |
Income from operations | $ | 2,395 |  |  | $ | 2,947 |
The following represents the pro forma Consolidated Statements of Operations as if the results of operations of Zio and Star Waggons had been included in the consolidated results of the Company for the years ended December 31, 2021 and 2020:
| Year Ended December 31, 2021 |  | Year Ended December 31, 2020
Revenue | $ | 933,229 |  |  | $ | 830,463 |
Net income | $ | 38,884 |  |  | $ | 8,159 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(3) -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472 + Details
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